Which Edition of QuickBooks Desktop Do I Need?
When you start researching business accounting software, you’re going to run into the name QuickBooks Desktop pretty quickly. QuickBooks Desktop is one of the most powerful tools on the market, equipped to help you manage every step of your finances. But trying to choose the right edition of QuickBooks can be overwhelming.
Getting the right QuickBooks Desktop can make managing your business finances a snap. Below is our guide to the different editions of QuickBooks Desktop to help you choose which one will work best for your needs and your budget.
Why Use QuickBooks
When you’re trying to manage business finances, there are too many things that need to get done for you to handle them all on your own. You need a good tool that will make it simple to manage everything from inventory to taxes. That way, you can focus on what’s really important – running your business.
QuickBooks puts every tool you need to run any size business at your fingertips. Their system is intuitive, powerful, and customizable to your needs. There are multiple editions of QuickBooks that allow you to find the perfect balance between the power you need and the price you want.
QuickBooks Desktop Pro is the ideal solution for small businesses with one to three people who will be using the software. You can buy a Pro license for a one-time fee of $300, and this license will get you support for three years. You get all basic QuickBooks functionality, including invoices, contact management, expense tracking, accounts payable, inventory, product management, tax support, and more.
You can also opt to get the Pro Plus plan, which costs $300 a year. But rolled in with that fee, you get annual upgrades and continuing support, which the standard Pro plan doesn’t offer. You also get free phone support and data backups, which would usually cost you nearly an extra $400 a year.
QuickBooks Desktop Premier is the next step up from the Pro edition and comes with some additional functionality. The license costs $500 and uses the same Plus option setup as the Pro version. When you buy Premier, you gain the ability to handle sales orders within your QuickBooks system.
But the biggest advantage of Premier is the ability to choose from the different industry editions. QuickBooks offers six industry-specific versions of its software. You can choose from contractor, manufacturing and wholesale, nonprofit, retail, professional services, or accountant.
QuickBooks Desktop Enterprise is the company’s top-of-the-line edition of Desktop. Unlike Pro and Premier, Enterprise is only available as a subscription starting at $1,155 a year. It comes at three different levels that range in power and pricing.
Silver, Gold, and Platinum
The Enterprise Silver edition price starts $1,155 a year, depending on how many users you plan to have. In addition to all the functionality of Pro and Premier, you also get advanced reporting and lead management capabilities. You’ll also get a loan manager and a business plan tool to help you run your business better than ever.
Enterprise Gold starts at $1,502 a year and adds payroll services onto the features you get with Silver. This will make it simple for you to run payroll every month with just the push of a button. With this and every edition of Enterprise, you will also get access to QuickBooks’s industry-specific versions.
Enterprise Platinum is the top-tier plan QuickBooks offers, and it starts at $1,848 a year. You get all the functionality of the lower-tier versions, plus advanced inventory management and pricing capabilities. This makes it easier than ever to keep up with inventory, manage flexible pricing, and optimize your business to increase your bottom line.
QuickBooks Accountant Edition is a specialized version of the software designed to help you get paid faster. It has automatic payment reminders that reduce your need to follow with customers about late payments. You can also add customer PO numbers to email subject lines to enable customers to search for invoices and get you paid more quickly.
If a customer has multiple open invoices, Accountant has you covered; you can consolidate all those invoices into one email. Navigation is easier than ever with a horizontal column collapse feature. You’ll also get a more reliable file transfer process to make collaborating with your clients simple and secure.
QuickBooks Desktop For Mac helps you focus on what matters, with flexibility and time-saving insights. This edition offers modernized reporting that improves customization, usability, presentation, and navigation. You can get an improved snapshot of your company’s finances with a centralized dashboard. This dashboard offers customizable date ranges, layouts, and widgets to get you the information you need.
If your eyes need a break from all the bright white computer screens, QuickBooks Mac’s Dark Mode is a great option. You can collect e-payments from your customers on invoices, making it easier than ever for you to get paid. And if someone’s check bounces, QuickBooks Mac’s bounced check processing helps you handle those issues quickly and easily.
Discover the right QuickBooks Desktop for you
QuickBooks Desktop is a powerful tool that can help everyone from the one-person show freelance business to a medium sized company working with thirty accountants. Finding the right edition can help you get the QuickBooks Desktop you need.
If you’d like to get started with QuickBooks, get in touch with us at Fourlane. We have the experience you can rely on in a trusted business advisor. Contact us today to start making your finances easier than ever so you can get back to running the business you love.